NEW DELHI: The Enforcement Directorate (ED) has effected record attachments of assets worth over Rs 33,500 crore and filed 390-odd charge sheets in connection with its money laundering probes in the over three-year tenure of its chief Karnal Singh who retires Sunday, officials said.
IRS officer S K Mishra will take over the charge of the ED from Singh. The Government announced Mishra’s appointment as the ED chief on Saturday.
Singh took over the charge of the probe agency in 2015 and is credited with steering probes in some of the most high-profile cases of money laundering, foreign exchange violations and corruption.
These include the AgustaWestland VVIP choppers case, money laundering cases against former Finance Minister P Chidambaram and son Karti Chidambaram, the politically sensitive case of Gujarat-based pharma firm Sterling Biotech, bank loan frauds involving Vijay Mallya, Nirav Modi and Mehul Choksi, the 2G spectrum allocation case, and the coal scam.
The agency also had its first five convictions in the country under the anti-money laundering law over the past three years. (AGENCIES)
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